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Old 12-22-2012
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Re: Croatia and VAT

PCP - that article in YACHT.DE just re-states, in lay terms, what the original post said. They did mention a luxury tax in Croatia which I would be afraid might be levied in the future.
Many of the boats in Croatia belong to EU residents/citizens and are not VAT paid, so this measure was taken to ensure that these boats don't emigrate, along with their cash, to countries such as neighbouring Turkey. It does look like a very good deal and I intended on returning to the EU within the next 5 years then I'd certainly look further into a Croatian flag.
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